Falling home prices in Burr Ridge (DuPage County) in October 2021

Falling home prices in Burr Ridge (DuPage County) in October 2021
By DuPage Policy Journal

The median sale price of a home sold in October 2021 in Burr Ridge in DuPage County fell by $122,500 while total sales decreased by 23.1%, according to BlockShopper.com.

In October 2021, there were 10 homes sold, with a median sale price of $557,500 - a 18% decrease over the $680,000 median sale price for the same period of the previous year. There were 13 homes sold in Burr Ridge in October 2020.

The median sales tax in Burr Ridge for the most recent year with available data, 2019, was $11,335, approximately 2% of the median home sale price for October 2021.

The following table compares Burr Ridge to other DuPage County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Hinsdale4049-18.4%$762,500$775,000-1.6%
Oak Brook191346.2%$715,000$790,000-9.5%
Medinah23-33.3%$664,500$400,00066.1%
Wayne5366.7%$560,000$460,00021.7%
Burr Ridge1013-23.1%$557,500$680,000-18%
Clarendon Hills1933-42.4%$490,000$495,000-1%
Downers Grove8789-2.2%$480,000$370,00029.7%
Glenbard South9580%$471,000$462,5001.8%
Naperville132181-27.1%$432,500$380,00013.8%
Elmhurst6594-30.9%$407,500$491,250-17%
Glen Ellyn4768-30.9%$396,000$420,000-5.7%
* This story only considers sales data for the part of Burr Ridge that is in DuPage County.


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